Bosch is officially opening the third production facility in Cluj, within the factorywhere electronic control units for electric vehicles are produced. The investment for the 34,500 sq m facility amounted to 55 million euros, says the German company. The factory was opened eight years ago and the total investments totaled over 450 million euros. The new building has a total built area of 34,500 square meters. The factory in Cluj currently employs over 3,100 people and this number is expected to increase. At its plant in Cluj, Bosch has been producing electronic control units since 2013, such as airbag units, multiple camera systems, driving assistance and electronic control units for eBike. The total investment, since the factory opened in 2013, amounts to over 465 million euros. The Bosch Group has a production unit in Cluj, a development center that also works in the field of autonomous cars, in Blaj it has two production units for linear technology and one dedicated to the automotive industry, and in Timi?oara there is a communication center. Bucharest is home to a distribution company for power tools, heating systems, security, safety and communications systems, as well as car equipment. In addition, BSH Bosch und Siemens Hausgerate GmbH has a branch in the Capital.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
